Medical Device Manufacturing Equipment Market to Reach $27.80 Billion by 2030, Driven by Automation, Precision Engineering, and Rising Device Production

The medical device manufacturing equipment market is forecast to reach $27.80 billion by 2030, up from $19.24 billion in 2025, driven by automation and demand for precision manufacturing. According to MarketsandMarkets™, growth is expected at a 7.6% CAGR through the forecast period. The report links expansion to increased production of minimally invasive devices, implants, diagnostic consumables, and sterile disposables, alongside stricter regulatory compliance requirements worldwide. Manufacturers are investing in robotics, AI-enabled inspection systems, additive manufacturing, laser processing, and smart-factory solutions to improve efficiency, reduce errors, and maintain consistent quality. By equipment type, material processing held the largest share in 2024, supported by technologies such as laser cutting and ultrasonic welding. By application, consumables and disposables led in 2024, reflecting high-volume demand for items including syringes, catheters, tubing, connectors, and sterile packaging materials.